From Yahoo Finance: 2025-04-28 06:35:00

The global autonomous vehicle market is booming, with a projected CAGR of 19.9% from 2025 to 2030. In 2024, the passenger vehicle segment led with 69% of revenue. North America dominated with over 37.1% market share. Goldman Sachs Research predicts 10% of new cars sold globally by 2030 will be Level 3 autonomous.

Level 4 fully autonomous vehicles are expected to account for 2.5% of sales by 2030. The market for robotaxis may reach over $25 billion by 2030. S&P Global reports a shift towards realistic Level 4 autonomy goals. Waymo leads with 4 million trips and 150,000 paid rides weekly.

Amazon.com, Inc. (NASDAQ:AMZN) ranks 5th in the Best Autonomous Driving Stocks list. The company’s Amazon Web Services includes a self-driving car segment. In 2020, Amazon acquired Zoox, set to introduce driverless taxis in Las Vegas in 2025. Harding Loevner Global Developed Markets Equity Strategy cited Amazon’s strong Q4 2024 results.

Overall, AMZN ranks 5th among the best self-driving car stocks. Analysts’ Upside Potential for AMZN as of April 22 is 34.93%. Consider exploring AI stocks for higher returns. Check out the report on the cheapest AI stock for potential massive gains.

Read more: Is Amazon.com, Inc. (AMZN) Among the Best Self-Driving Car Stocks to Buy According to Analysts?